About Staked Frax USD
Staked Frax USD (sfrxUSD) is the yielding stablecoin implemented as an ERC4626 token. sfrxUSD is fully redeemable for frxUSD at an increasing rate proportional to the yield mechanism (described below). sfrxUSD is not rebasing and can always be redeemed for the underlying frxUSD with no unstaking fee or price impact. sfrxUSD is unique in yielding design in that it targets a benchmark-rate strategy that alternates between the best of three governance-approved strategies: carry-trade, algorithmic market operations (AMOs), and the Interest on Reserve Balances/T-Bill (IORB) rate. This insures that sfrxUSD’s APY is the most competitive yield onchain.
Market Stats
Market Cap
$27.61M
1.72%
FDV
$27.61M
Circ. Supply
23M SFRXUSD
Max Supply
Not enough data
Total Supply
23M SFRXUSD
Diluted Valuation
$27.63M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$1.39M
76.68%
Volume (7D)
$9.53M
Volume (30D)
$42.52M
All time high
$1.18
Price Change (1Y)
Not enough data
6.75%
Additional details
Market details
SFRXUSD vs markets
↗ 49.24%
SFRXUSD vs BTC
↗ 55.28%
SFRXUSD vs ETH
↗ 48.6%
Tags
defi
stablecoin
staking
usd-stablecoin
+2
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xcf62F905562626CfcDD2261162a51fd02Fc9c5b6 | |
Sei | 0x5bff88ca1442c2496f7e475e9e7786383bc070c0 | |
Arbitrum | 0x5Bff88cA1442c2496f7E475E9e7786383Bc070c0 |
Price history
Time | Price | Change |
|---|---|---|
Today | $1.18 | |
1 Day | $1.18 | |
1 Week | $1.18 | |
1 Month | $1.18 | |
1 Year | $1.11 |
FAQ
Staked Frax USD calculator
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Legal
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